Sensex snaps 3-day gaining spree, tumbles 258 points
Quotes

Sensex snaps 3-day gaining spree, tumbles 258 points

Last Updated: Monday, October 07, 2013, 11:32
 
 Comment 0
 
Sensex snaps 3-day gaining spree, tumbles 258 points
Mumbai: The S&P BSE benchmark Sensex snapped its three-day winning spree by tumbling 258 points in late morning trade on Monday on fresh selling in banking, PSU, refinery and FMCG sector stocks, triggered by lower Asian cues.

The 30-share barometer resumed lower at 19,880.94 and dropped further to 19,657.72 before quoting 19,915.95 points at 1030 hours.

It showed a loss of 258.23 points of 1.30 percent from its last weekend's level.

The NSE 50-share index Nifty also fell by 67.95 points, or 1.15 percent, to 5,839.35 at 1030 hours.

Major losers were - ICICI Bank (3.70 percent), Coal India (3.50 percent), HDFC Bank (2.87 percent), HDFC (2.21 percent), Bharti Airtel (2.09 percent), ITC (1.96 percent), RIL Ind (1.57 percent), Tata Power (1.42 percent), SBI (1.41 percent) and Larsen (1.35 percent).

Asian markets edged lower in the early trade as lawmakers in Washington remain deadlocked over extending the nation's debt limit to avoid default.

Key benchmark indices in Singapore, Taiwan, Hong Kong, Indonesia, Japan and South Korea fell by 0.03 to 1.05 percent.

Meanwhile, foreign institutional investors (FIIs) bought shares worth a net Rs 541.36 crore on last Friday, as per provisional data from the stock exchanges.

PTI




First Published: Monday, October 07, 2013, 10:13


Comments


comments powered by Disqus
John Kery with Indian Biz Honchos
John Kery with Indian Biz Honchos
Honda Mobilio MPV
Honda Mobilio MPV
BRICS Annual Summit 2014
BRICS Annual Summit 2014
Tata Zest Standout Features: In Pics
Tata Zest Standout Features: In Pics
New car launches in July
New car launches in July

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved